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ToggleA cascode amplifier stacks two transistor stages so that the first stage sees a low-impedance load.
This one design decision eliminates the Miller effect, raises output impedance by a factor of beta, and extends usable bandwidth by up to 200 times compared to a single-stage design.
This article explains exactly why that happens, with worked calculations and a live gain and bandwidth calculator.
A cascode amplifier connects two transistor stages in series: a common-emitter (or common-source) input stage followed by a common-base (or common-gate) output stage. The combination achieves voltage gain equal to a single stage but with dramatically lower input capacitance and far higher output resistance.
What Is a Cascode Amplifier?
The name comes from "cascade to cathode" -- a vacuum tube term from the 1930s. The principle transferred directly to bipolar and field-effect transistors.

In a BJT cascode, the collector of the common-emitter (CE) transistor Q1 drives the emitter of the common-base (CB) transistor Q2. The output is taken from the collector of Q2.
In a MOSFET cascode, the drain of the common-source (CS) transistor M1 drives the source of the common-gate (CG) transistor M2. The output is taken from the drain of M2.
How the Cascode Amplifier Works
The Two Stages and What Each Does
Stage 1: Common-Emitter (Q1)
Converts the input voltage to a current. Transconductance gm determines how much collector current Q1 generates per volt of input.
The voltage gain of Q1 in the cascode is very low (approximately 1) because it sees the low input impedance of Q2's emitter as its load. This is the key to eliminating the Miller effect.
Stage 2: Common-Base (Q2)
Converts the collector current from Q1 into an output voltage across the load resistor Rc. Current gain of the CB stage is approximately 1 (alpha ≈ 0.99).
The CB stage has very high output impedance, which raises the overall cascode output resistance to approximately beta times rce of Q2.
Why Stage 1 Sees Unity Gain (The Key Insight)
In a single common-emitter amplifier, the collector voltage swings by Av × Vin in the opposite direction to the base voltage.
This large swing across the base to collector capacitance Cbc is multiplied by the Miller effect, making the effective input capacitance (1 + Av) × Cbc.
In the cascode, the collector of Q1 is connected to the emitter of Q2, whose emitter impedance is approximately 1/gm2 -- very low. The voltage swing at Q1's collector is therefore tiny, approximately 1 × Vin rather than Av × Vin.
Because the Q1 collector swing is small, the Miller multiplication of Cbc is nearly eliminated. The input capacitance becomes approximately 2 × Cbc instead of (1 + Av) × Cbc.
Cascode Amplifier Key Equations
Cascode Amplifier Calculator
5 Key Advantages of the Cascode Configuration
BJT Cascode vs MOSFET Cascode: Key Differences
| Parameter | BJT Cascode | MOSFET Cascode |
|---|---|---|
| Input stage | Common-Emitter (Q1) | Common-Source (M1) |
| Output stage | Common-Base (Q2) | Common-Gate (M2) |
| Voltage gain | Av ≈ gm × (Rc || β × rce) | Av ≈ gm × (RD || gm × rds²) |
| Output resistance | Rout ≈ β × rce2 | Rout ≈ gm2 × rds2 × rds1 (higher) |
| Miller capacitance | Cin ≈ 2 × Cbc (eliminated) | Cin ≈ Cgs + 2 × Cgd (eliminated) |
| DC bias requirement | Two VBE drops at emitter of Q2 (≈ 1.4 V headroom needed) | Two VGS drops -- more headroom lost in low supply designs |
| Noise performance | Limited by base spreading resistance, good at moderate frequencies | Very low noise at high frequencies, preferred for RF LNA design |
| Common applications | IF amplifiers, wideband instrumentation, bipolar op amp internal stages | RF LNA, CMOS op amp gain stages, analog IC current sources |
Where Cascode Amplifiers Are Used
Advantages and Limitations at a Glance
Advantages
- Miller effect almost completely eliminated
- Bandwidth 10 to 200 times wider than a single CE stage with the same gain
- Output resistance β times higher than a single transistor
- High input to output isolation -- very stable, low oscillation risk
- Same voltage gain as a single CE stage -- no compromise on gain
- MOSFET version has extremely high output resistance suitable for precision current sources
Limitations
- Requires two transistors and more complex biasing than a single stage
- DC headroom: two VBE or VGS drops are consumed, limiting use in low supply voltage designs
- The gain is the same as a single CE stage -- cascode improves bandwidth and impedance, not gain
- At very high frequencies, the CB stage's emitter to collector capacitance limits performance
- Noise performance is dominated by the first transistor -- careful matching is needed for LNA use
Watch: Cascode Amplifier and the Miller Effect Explained
Cascode Amplifier Questions Engineers Ask
External References
What We Learn Today
- A cascode amplifier stacks a common-emitter and a common-base stage -- the CE stage converts voltage to current, the CB stage converts that current back to voltage at the output
- The CE stage sees near unity gain in the cascode, so Miller multiplication of Cbc is eliminated -- input capacitance drops from (1 + Av) × Cbc to just 2 × Cbc
- Bandwidth improvement is proportional to the capacitance reduction -- a stage with Av = 385 achieves 193 times wider bandwidth with cascode
- Output resistance of BJT cascode is β × rce, far higher than a single transistor -- ideal for precision current sources
- Voltage gain of the cascode with resistive load equals gm × Rc -- same as single CE stage, no gain penalty
- MOSFET cascode (CS + CG) has even higher output resistance (gm × rds²) and is used in CMOS op amps and RF LNA designs
- Cascode is the standard topology for RF LNAs, wideband instrumentation, oscilloscopes, satellite tuners, and op amp gain stages
